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CABALE

Active
Private limited companyfounded 199729 yrs activeCarl Requettelaan 27, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0460.531.155
Summary

CABALE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €410,789 and a net result of €434,129. Equity is shrinking by ~15.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency84▲+71
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 6.04 against 0.04 in 2024; short-term debt: 16.5% and cash: 99.8% of total assets), and 40.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
59.5%
Return on assets
62.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
2 d early
2023
on the day
2022
2 d early
2021
2 d early
2020
on the day
2019
6 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 2 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 April 1997, CABALE was incorporated.1 In 2026 the registered office moved to Molenbeek St. Jean.2 Total assets went from EUR 548,067 in 2018 to EUR 690,874 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 10-07-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€434,129
2024 · -€72,178
Working capital
€576,338
2024 · -€198,263
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€5,552▲ 56.6%€73,550-€66,702-€65,723▲ 1.5%€608,085
Net result-€20,162▲ 48.1%€53,467-€90,125-€72,178▲ 19.9%€434,129
Equity€85,497▼ 19.1%€138,963▲ 62.5%€48,838▼ 64.9%-€23,340€410,789
Total assets€463,778▼ 14.0%€448,066▼ 3.4%€273,600▼ 38.9%€193,202▼ 29.4%€690,874▲ 258%
Debt€378,282▼ 12.8%€309,102▼ 18.3%€224,762▼ 27.3%€216,542▼ 3.7%€114,359▼ 47.2%
Working capital-€165,644▼ 104%€10,317-€147,994-€198,263▼ 34.0%€576,338
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000€600,000Operating result 2021: -€5,552-€5,552Net result 2021: -€20,162-€20,162Operating result 2022: €73,550€73,550Net result 2022: €53,467€53,467Operating result 2023: -€66,702-€66,702Net result 2023: -€90,125-€90,125Operating result 2024: -€65,723-€65,723Net result 2024: -€72,178-€72,178Operating result 2025: €608,085€608,085Net result 2025: €434,129€434,12920212022202320242025-€200,000€0€200,000€400,000€600,000Operating result 2023: -€66,702-€66,700Net result 2023: -€90,125-€90,100Operating result 2024: -€65,723-€65,700Net result 2024: -€72,178-€72,200Operating result 2025: €608,085€608,000Net result 2025: €434,129€434,000202320242025
The operating result returns to profit in 2025: €608,085 after a loss of €65,723 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €690,874
Fixed assets €200 ▼ 99.9%
Current assets €690,673 ▲ 8,198%
Equity and liabilities €690,874
Equity €410,789
Provisions €165,725
Debt €114,359
Debt finances 16.6% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€640,408▲
2024 · -€29,245
Cash flow
€466,453▲
2024 · -€35,700
Current ratio
6.04▲
2024 · 0.04
Debt to equity
0.28▲
2024 · -9.28
ROE
105.7%
ROA
62.8%▲
2024 · -37.4%
Interest coverage
78.71▲
2024 · -4.84
Debt ≤ 1 year
€114,335▼
2024 · €206,586
Income taxes
€100▼
2024 · €414
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€193,202€690,874▲
Fixed assets21/28€184,879€200▼
Tangible fixed assets22/27€184,879€200▼
Land and buildings22€128,954-
Plant, machinery and equipment23€53,391-
Furniture and vehicles24€2,534€200▼
Current assets29/58€8,323€690,673▲
Amounts receivable within one year40/41€7,786€13▼
Trade receivables40€7,786€13▼
Cash at bank and in hand54/58€507€689,811▲
Deferred charges and accrued income490/1€30€849▲
Equity and liabilities
Total equity and liabilities10/49€193,202€690,874▲
Equity10/15-€23,340€410,789▲
Contributions10/11€14,917€14,917=
Reserves13€56,859€554,035▲
Tax-exempt reserves132-€497,176
Distributable reserves133€56,859€56,859=
Profit (loss) carried forward14-€95,117-€158,163▼
Provisions and deferred taxes16-€165,725
Deferred taxes168-€165,725
Amounts payable17/49€216,542€114,359▼
Amounts payable after more than one year17€9,555-
Financial debts170/4€9,555-
Amounts payable within one year42/48€206,586€114,335▼
Current portion of amounts payable after more than one year42€4,548-
Financial debts43€32,061€19,047▼
Credit institutions430/8€32,061€19,047▼
Trade debts44€21,033€2,461▼
Suppliers440/4€21,033€2,461▼
Taxes, remuneration and social security45€468€1,968▲
Taxes450/3€468€1,968▲
Other amounts payable47/48€148,476€90,859▼
Accrued charges and deferred income492/3€401€24▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,479€32,323▼
Other operating charges640/8€2,974€2,354▼
Non-recurring operating charges66A-€256
Gross operating margin9900-€26,271€643,019▲
Operating profit (loss)9901-€65,723€608,085▲
Financial income75/76B€5€6▲
Recurring financial income75€5€6▲
Financial charges65/66B€6,047€8,136▲
Recurring financial charges65€6,047€8,136▲
Profit (loss) for the period before taxes9903-€71,765€599,955▲
Transfer to deferred taxes680-€165,725
Income taxes67/77€414€100▼
Profit (loss) for the period9904-€72,178€434,129▲
Transfer to tax-exempt reserves689-€497,176
Profit (loss) for the period to be appropriated9905-€72,178-€63,047▲
Appropriation of the result
Profit (loss) to be appropriated9906-€95,117-€158,163▼
Profit (loss) brought forward from the previous period14P-€22,938-€95,117▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,153€29,650€34,835€36,479€32,323▼ 11.4%
Other operating charges640/8€3,601€3,818€4,366€2,974€2,354▼ 20.8%
Non-recurring operating charges66A----€256-
Gross operating margin9900€41,202€107,017-€27,501-€26,271€643,019▲ 2,548%
Operating profit (loss)9901-€5,552€73,550-€66,702-€65,723€608,085▲ 1,025%
Financial income75/76B--€846€5€6▲ 21.2%
Recurring financial income75--€846€5€6▲ 21.2%
Financial charges65/66B€14,239€15,017€23,959€6,047€8,136▲ 34.6%
Recurring financial charges65€14,239€15,017€23,959€6,047€8,136▲ 34.6%
Profit (loss) for the period before taxes9903-€19,791€58,533-€89,815-€71,765€599,955▲ 936%
Transfer to deferred taxes680----€165,725-
Income taxes67/77€371€5,066€310€414€100▼ 75.8%
Profit (loss) for the period9904-€20,162€53,467-€90,125-€72,178€434,129▲ 701%
Transfer to tax-exempt reserves689----€497,176-
Profit (loss) for the period to be appropriated9905-€20,162€53,467-€90,125-€72,178-€63,047▲ 12.7%
Line20212022202320242025Change
Assets
Total assets20/58€463,778€448,066€273,600€193,202€690,874▲ 258%
Fixed assets21/28€417,799€224,078€221,357€184,879€200▼ 99.9%
Intangible fixed assets21€567€378€189---
Tangible fixed assets22/27€416,909€223,700€221,168€184,879€200▼ 99.9%
Land and buildings22€343,323€157,666€143,310€128,954--
Plant, machinery and equipment23€63,745€58,901€73,025€53,391--
Furniture and vehicles24€9,841€7,133€4,834€2,534€200▼ 92.1%
Financial fixed assets28€323-----
Current assets29/58€45,979€223,987€52,243€8,323€690,673▲ 8,198%
Amounts receivable within one year40/41€19,639€31,994€49,160€7,786€13▼ 99.8%
Trade receivables40€11€17,060€49,160€7,786€13▼ 99.8%
Other amounts receivable41€19,629€14,934----
Current investments50/53-€100,000----
Cash at bank and in hand54/58€23,340€86,086€504€507€689,811▲ 135,909%
Deferred charges and accrued income490/1€3,000€5,907€2,579€30€849▲ 2,717%
Equity and liabilities
Total equity and liabilities10/49€463,778€448,066€273,600€193,202€690,874▲ 258%
Equity10/15€85,497€138,963€48,838-€23,340€410,789▲ 1,860%
Contributions10/11€14,917€14,917€14,917€14,917€14,917=
Reserves13€11,859€56,859€56,859€56,859€554,035▲ 874%
Non-distributable reserves130/1€1,859-----
Reserves not available under the articles1311€1,859-----
Tax-exempt reserves132----€497,176-
Distributable reserves133€10,000€56,859€56,859€56,859€56,859=
Profit (loss) carried forward14€58,720€67,187-€22,938-€95,117-€158,163▼ 66.3%
Provisions and deferred taxes16----€165,725-
Deferred taxes168----€165,725-
Amounts payable17/49€378,282€309,102€224,762€216,542€114,359▼ 47.2%
Amounts payable after more than one year17€156,196€94,797€13,759€9,555--
Financial debts170/4€156,196€94,797€13,759€9,555--
Amounts payable within one year42/48€211,623€213,671€200,237€206,586€114,335▼ 44.7%
Current portion of amounts payable after more than one year42€82,220€81,592€4,353€4,548--
Financial debts43€70€33€16,520€32,061€19,047▼ 40.6%
Credit institutions430/8€70€33€16,520€32,061€19,047▼ 40.6%
Trade debts44€10,101€35,799€56,647€21,033€2,461▼ 88.3%
Suppliers440/4€10,101€35,799€56,647€21,033€2,461▼ 88.3%
Taxes, remuneration and social security45€3,994€1,129€2,703€468€1,968▲ 320%
Taxes450/3€3,994€1,129€2,703€468€1,968▲ 320%
Other amounts payable47/48€115,238€95,118€120,013€148,476€90,859▼ 38.8%
Accrued charges and deferred income492/3€10,462€634€10,765€401€24▼ 94.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€20,162€53,467-€90,125-€72,178€434,129▲ 701%
+ Depreciation and write-downs630€43,153€29,650€34,835€36,479€32,323▼ 11.4%
Operating cash flow (approximation)€22,991€83,117-€55,290-€35,700€466,453▲ 1,407%
Investment in fixed assets (approximation)-€164,071-€32,114€0€152,355-
Change in cash-€62,746-€85,583€4€689,304▲ 19,147,238%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
10-07
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 01-04-2026
  • Registered-office move, Avenue Carl Requette 27 à 1080 Molenbeek St. Jean
28-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Back to profitnet €434,129
Net result €434,129 after 2 loss-making years.
30-09
Financial Liquidity times 150current ratio 6.04
Current ratio from 0.04 to 6.04; short-term debt falls from €206,586 to €114,335.
30-09
Financial Equity above €200,000Eq €410,789
Equity rises from -€23,340 to €410,789.
28-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Weakest financial yearnet -€90,125
Net result drops to -€90,125, the lowest in the series; recovery starts the following year.
28-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Back to profitnet €53,467
Net result €53,467 after 3 loss-making years.
30-09
Financial Liquidity times 5current ratio 1.05
Current ratio from 0.22 to 1.05.
30-09
Financial Equity above €100,000Eq €138,963 ▲62.5%
Equity rises from €85,497 to €138,963.
Show earlier events
28-04
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
24-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-03
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
29-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
30-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 183 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
2,361 m²
Building footprint
539 m²
Volume, LiDAR
7,060 m³
2 parcels, Brussels, Wallonia · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Avenue des Sapins 1A, 1390 Grez-Doiceau
NACE 85130
since 19972.186.137.401
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25008A0237/00K000 Wallonia 1,194 m² 1 · 24 m² 4.3 m · 1 fl.
21524C0178/00A002 Brussels 1,167 m² 1 · 516 m² 16.9 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded23-04-1997
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.